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The Canadian Press - ONLINE EDITION
Yahoo, Guess, Scholastic, Guess, Movado are big market movers on Thursday
NEW YORK, N.Y. - Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:
NYSE
Movado Group Inc., down $3.89 at $33.23
The watch maker's fourth-quarter net income fell 26 per cent on a charge related to repositioning the Coach watch brand.
The Cato Corp., down $1.45 at $24.27
The women's clothing retailer's fourth-quarter net income fell 22 per cent, and it warned that bad weather may hurt sales this year.
Tilly's Inc., down $1.16 at $12.60
The retailer posted a disappointing forecast for the fiscal year, citing economic uncertainty and slow customer traffic in February.
Guess Inc., down $1.94 at $25.01
The clothing company said its fiscal fourth-quarter dropped 24 per cent as the company discounted more of its clothing.
Jabil Circuit Inc., down 88 cents at $18.60
The contract electronics manufacturer said net income fell by 9 per cent during its fiscal second quarter.
Nasdaq
Yahoo Inc., up 77 cents at $22.86
An analyst from Oppenheimer upgraded the Internet company, partly on the value of the company's Asian assets.
Scholastic Corp., down $4.32 at $26.75
The publisher's fiscal third-quarter loss nearly doubled because of waning demand for its bestselling "The Hunger Games" books.
Oracle Corp., down $3.47 at $32.30
The technology company reported flat earnings for its fiscal third quarter, hurt by a continued drop in sales of hardware systems.
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(1 of 29 articles for today)
Consumers buy new, cheaper cameras instead of fixing existing ones
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